BUILDING INFRASTRUCTURE
AS-A-SERVICE
Fully funded, turnkey retrofits — delivered as a long-term service. You keep your capital focused on your core business.
We handle the infrastructure layer.
How it Works
We Invest the Capital
We retrofit and upgrade everything at our cost.
You pay a monthly service fee that is tied to the expected outcomes - whether utility savings, emission reductions, or actual usage.
Design-Driven Outcomes
Projects earn third-party IREE certifications so you can be confident they will perform.
Our success depends on delivering your business case — so we're obsessed with it.
We Handle the Complexity
You set the outcomes, we deliver them - from turnkey engineering, contracting and procurement (EPC) to tax incentive optimization.
You focus on your business.
WHY BUILDING OWNERS CHOOSE US
Condos, Co-ops and Housing
- Reduce your monthly maintenance fees and protect your reserve fund
- No hassle investment approach - no borrowing requirement for building owners
Commercial Real Estate
- Increase returns across MURB and commercial portfolios by focusing capital on value-add investments—not HVAC and envelopes.
- Deliver more projects than current capacity allows.
Industries
- Keep capital for core investment— production, R&D, market expansion— while still upgrading facilities.
- Convert lumpy CapEx spends into predictable OpEx payments.
Institutional
- Modernize critical facilities without adding debt or reducing program budgets.
- Address climate readiness and infrastructure deficits.
The Proof
Woodgreen Community Housing
Efficiency Capital developed, invested and managed a multi-measure efficiency retrofit across eight of WoodGreen’s 12 buildings, allowing the organization to focus on delivering core services while maintaining quality housing.
The comprehensive efficiency retrofit project is the first-ever in Canada to receive Investor Ready Energy Efficiency (IREE) certification, based on the Investor Confidence Project (ICP) framework.
PROJECT COST: $3,400,000
OPEX REDUCED: 17%
CO2 REDUCED: 250 TONNES
Keele Ravine Condominiums
Our efficiency retrofit project Keele Ravine with a new way to finance and manage short- and long-term asset deficiencies, helping reverse a depleted reserve fund and disrepair issues across its 40+ year old 9-storey building and several 2-storey townhouses.
PROJECT COST: $550,000
OPEX REDUCED: 18%
CO2 REDUCED: 101 TONNES
Albany Club
Efficiency Capital helped the Albany Club unlock enough capital to pay for a range of high impact building upgrades in its historic 125+ year-old building in downtown Toronto. We helped negotiate alternative financing strategies and determine the best path forward, leveraging future energy savings and available incentives to pay for immediate upgrades.
PROJECT COST: $470,000
UTILITY COST SAVINGS: 35%
CO2 REDUCED: 19 TONNES
Scarborough Heights Co-op
A multi-measure energy efficiency retrofit project, financed through the Energy Savings Performance Agreement (ESPA) approach provided Scarborough Heights with multiple financial and environmental savings throughout its 12-storey building.
PROJECT COST: $600,000
OPEX REDUCED: 20%
CO2 REDUCED: 70 TONNES
Sunset Properties
Six-building student housing portfolio in Sackville, New Brunswick, featuring the first air-to-water heat pump deployment in Eastern Canada.
ROE INCREASE: 407%
GHG REDUCTIONS: 54%
UTILITY COST REDUCTIONS: 39%
Tennyson Apartments
Two four-storey, multi-family residential buildings in Edmonton, Alberta.
ROE INCREASE: 195%
GHG REDUCTIONS: 31%
UTILITY COST REDUCTIONS: 44%
Our Journey
$2.5B+
in Client Assets Improved
$50M+
in Verified Utility Savings Delivered to Clients
10-40%
Annual Cost Reductions
Globe & Mail Fastest Growing Companies (#31, 2021)
First IREE-Certified Projects in Canada (independent third-party validation)
CIB Approved Aggregator
PROVEN EXPERTISE
Our leadership combines decades of experience across infrastructure finance, building science, and impact investing
About Us
OUR ORIGIN STORY:
A MARKET FAILURE WAITING TO BE FIXED
Efficiency Capital began inside The Atmospheric Fund in 2015, when a small team asked a simple question:
If deep retrofits pay for themselves on paper, why aren’t they happening at scale in real buildings?
Over and over, owners told us the same thing—capital was tied up elsewhere, savings projections felt risky, and nobody had the capacity to manage complex, multi‑year projects on top of day‑to‑day operations.
Instead of creating another loan program or ESCO, we built a different model. We started by investing our own capital in social and affordable housing, designing and owning the upgrades ourselves and getting paid back only when the projects performed. Those early Energy Savings Performance Agreement (ESPA) agreements proved the point: when you remove the core barrier and provide capital, confidence, and capacity all in one structure, owners will say yes to deeper, better retrofits.
From there, we expanded beyond housing into commercial real estate, industrial facilities, and institutional portfolios, adding new contract types and partners along the way. Along the journey, we delivered Canada’s first IREE‑certified project, were recognized as Clean50 honourees, and became an approved Canada Infrastructure Bank aggregator. It all comes from the same DNA: we put skin in the game and stand behind the outcomes we promise.
Today, Efficiency Capital is an Infrastructure‑as‑a‑Service owner in the built environment, with more than 100 buildings upgraded, over $50M in verified savings delivered, and a zero‑default track record. But the core story hasn’t changed since that first pilot: we exist so building owners can modernize their infrastructure, hit their financial and climate targets, and get on with their real work—without having to become energy project developers themselves.
LET'S DISCUSS YOUR INFRASTRUCTURE STRATEGY
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